The deal came through a $1.50 per share convertible preferred
offering.

KCG shares closed at $1.47 Friday.

Earlier:

CNBC's Kate Kelly is
reporting that Knight Capital Group, which on Wednesday saw
its stock price plummet to single digits after a trading error,
is close to raising $400 million from several outside investors.

Kelly writes that Chicago market maker Getco and the Omaha
brokerage firm TD Ameritrade appear likely to be among the
investor group.